Indian equity benchmarks closed Tuesday’s trade on a higher note. The benchmarks lost momentum in the last hour of the trade, coming off the day’s highs. The Nifty 50 closed the day 31 points or 0.12% higher at 25,108, and the Sensex jumped 137 points or 0.17% to end at 81,927.

In line with the benchmarks, the Nifty Bank settled 135 points or 0.24% higher at 56,240. The midcap stocks also surged in today’s trade. The BSE Midcap declined 208 points, or 0.45%, at 46,196.24. However, the BSE Smallcap finished 80 points or 0.15% lower at 53,190.30.

“The markets maintained their upward momentum for the fourth consecutive session, despite intermittent volatility. After the sharp rally in recent sessions, Nifty formed a shooting star candlestick pattern, indicating a potential short-ter

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